Charles Schwab trading volume up 8 percent in Jan.

Retail brokerage Charles Schwab Corp. said Friday that its clients' daily trading volume rose 8 percent in January compared with the same month a year ago.
MAR 02, 2010
By  Bloomberg
Retail brokerage Charles Schwab Corp. said Friday that its clients' daily trading volume rose 8 percent in January compared with the same month a year ago. Last month's daily average volume of 354,700 trades was also up 23 percent from December. The financial services company said new and existing clients brought $6 billion in net new assets to Schwab in January. The company said its total client assets were valued at $1.4 trillion at the end of January, up 27 percent from a year ago and down 2 percent from December.

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